Kraft Heinz to acquire Turkish sauce manufacturer Assan Foods for $100m
Kraft Heinz has signed a deal worth around $100 million to acquire Assan Foods from Turkish conglomerate Kibar Holding, in a move to expand its global footprint with a focus on taste elevation and foodservice. Assan Foods is focused on manufacturing sauces and has local manufacturing plants in Balikesir and Izmir in Turkey. The company […]